Trump; US & Canada Reach Deal To Delay 50% Tariffs

August 19, 2026 5:06 am

WASHINGTON (AP) — President Donald Trump says he is delaying the 50% U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal hours before the sanctions were to go into effect. The announcement, which Trump made late Tuesday on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies. Trump said he had paused the tariffs “based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” Trump’s import taxes would have hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.